Stone Valley Arts Inc

Analysis

Stone Valley Arts Inc is a registered charity in United States, based in Poultney, VT. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stone Valley Arts Inc reported income of $66k and spending of $74k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $147k to $66k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stone Valley Arts Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 17th percentile within VT. Charities of a similar size with the same main cause include Dunn Area History Museum ($66k), Live for 1 Inc ($66k) and Nelson Museum of the West ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.